I focus more on FCF and FFO when it comes to determining whether it is cash cow. debt-free position certainly makes its cash flow generation more attractive. I cannot say whether they have R&D but its corporate mission include on-going R+D.
Projects under JPP,which mainly are using OKA products. Greater KL ROL 1 - Work Rationalization 17 Sewage Treatment Plant in Setapak, Keramat & Wangsa Melawati
ROL 2 - CCTV Works and Sewer Network Rehabilitation of Existing Public Kuala Lumpur, Selayang & Ampang
ROL 3 - Upgrading works 16 Public Sewage Treatment plants at Selayang, Selangor.
ROL 4 - Regional Sewage Treatment Plant and the Sewer Network at Batu, Jinjang Kepong, Kuala Lumpur
ROL 5 - Work Rationalization and Upgrading of Existing Sewage Treatment Plant in Bukit Antarabangsa
ROL 6 - Regional Sewage Treatment Plant and the Sewer Network at Bunus, Kuala Lumpur
ROL 7 - Rationalisation work 19 Public Sewage Treatment plants at Selayang, Selangor
ROL 8 - Research on Sewage Treatment Plant Public and Private Abandoned in Kuala Lumpur, Selayang dan Ampang
ROL 9 - Linking Project Premises at Seputeh, Ampang Hilir and Titiwangsa, Kuala Lumpur.
NR 1 - Work Rationalization 27 Sewage Treatment Plants in Kawasan Jalan Klang Lama
NR2 - Regional Sewage Treatment Plant and the Sewer Network at Kajang 2, Kajang, Selangor
NR3 - Regional Sewage Treatment Plant and the Sewer Network at Lot 130, Klang Selangor
NR4 - Sewer Network Rehabilitation Project Public Existing Areas Kelang, Shah Alam, Subang Jaya and Petaling Jaya
NR5 - Construction of Sewer Network in the Area Jalan Klang Lama, Petaling Jaya dan Sepeteh, Kuala Lumpur
NR9 - Construction of Sewer Network and Rationalization 33 Sewage Treatment Plant in Puchong
NR10 - Refurbishment Project, rationalization and Public Sewage Treatment Plant Upgrade Existing Area Selayang, Kelang, Kuala Lumpur, Sepang, Kajang, Petaling Jaya, Sbang, Shah Alam and Putrajaya
68 projects were being passed implementation.Projects this involved physical activity like plant construction sewage treatment, construction of a network of pipes, overhaul and upgrade plant statussewage treatment, examination pipe damage, overhaul and upgrading pipe network,rationalisation plant, connection property, pemagaran works plant site and activity not physical like catchment study, data collection, pilot study and land acquisition for meaning sewerage.
Among major projects implemented are as follows :
Project Cost sharing With DeveloperSewage treatment plant and Network Sewerage Pipe in Tampin, Negeri Sembilan
Sewage treatment plant in Bukit Antarabangsa
Sewage treatment plant in Bukit Raja, Klang
Sewage treatment plant in Perda, Pulau Pinang
Sewage treatment plant in Dengkil, Selangor
Sewage treatment plant and Network Sewerage Pipe in Tampin, Negeri SembilanNetwork Sewerage Pipe in Radish 2, Seremban, Negeri Sembilan
Overhaul project and upgrade Existing Plant Status Sewage Treatment(E17 package, E18, A20, A21, A22, B17, B18, D27 and D31).
In Malaysia, anything related to water is governed by SPAN, aka Suruhanjaya Perkhidmatan Air Negara or National Water Services Commission. That include drainage and sewage.
As mentioned when it comes to sewerage products the quality control is more stringent because you are dealing with all kinds of chemical discharge from household, commercial to industrial that has a higher potential of corroding the pipes.
In SPAN website, there are only 7 companies that are listed as Category A sewerage suppliers under Reinforced Concrete Pipes and OKA is one of them.
May be after QR out that day, it played by some contra player. Anyway, can try to buy some when they try to sell low. This counter is one of my top pick since 2016 =)
Be patient, this is a cash free and 0 borrowing counter since this year, compare their qr and you will see their cash increase so much since they finish pay their debt =D
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jylau
10 posts
Posted by jylau > 2016-09-20 12:12 | Report Abuse
looks like going to fly afternoon !